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Scrace & Company Limited

05282729

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

71 TRENOWETH ROAD, FALMOUTH, TR11 5GH
Incorporated 10/11/2004

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/10/2025

Due 20/10/2026

On track

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Alison Sharon Scrace

secretary · Since 18/11/2004

BRITISH · Age 60

Mr Patrick William Robert Scrace

director · Since 18/11/2004

BUILDER

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Patrick William Robert Scrace

Significant control

British · England · Age 62

71, Trenoweth Road, Falmouth, TR11 5GH

Notified 06/04/2016

Mrs Gillian Nancy Scrace

25–50% shares
25–50% votes

British · England · Age 91

71, Trenoweth Road, Falmouth, TR11 5GH

Notified 28/08/2021

Former PSCs

Mr Dennis Robert Michael Scrace

Ceased 16/02/2021

Charges3 outstanding

charge
outstanding

DRM SCRACE

Created 28/02/2005Registered 02/03/2005
charge
outstanding

PWR SCRACE

Created 28/02/2005Registered 02/03/2005
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 04/02/2005Registered 19/02/2005

CompanyRankvs 9644+ SIC 41201 peers
53

Financial strength50th percentile among SIC peers · 13/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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9644Scrace & Company Limited
59
How is this score calculated?
Financial strength13/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£4k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£116k

Current Liabilities

£123k

Fixed Assets

£13k

Debtors

£38k

13avg. employees

Tax at Year End

Corp tax£11k

Balance Sheet

Intangible assets£6k
Assets less current liabilities£7k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94-£20k
20231.03+£818
20221.03+£19k
20210.89+£2k
20200.77-£10k
20190.86+£528
20180.77—

Derived from filed accounts. Not audited figures.